Today: 23 May 2026
Bitcoin price jumps above $94,000 as Coinbase stock rallies; payrolls report is next test

Bitcoin price jumps above $94,000 as Coinbase stock rallies; payrolls report is next test

New York, January 5, 2026, 17:15 EST — After-hours

Bitcoin jumped about 3.3% to $94,191 on Monday, trading near the top of its intraday range in late U.S. hours.

Traders pinned part of the move on a burst of risk-taking after the United States said it struck Venezuela and captured President Nicolás Maduro over the weekend. Some investors said markets often swing back to risk-on once a conflict begins, even as headline risk stays elevated.

U.S. stocks ended higher, with the Dow closing at a record, and crypto-linked shares advanced as bitcoin hit a more than three-week high, Reuters reported. Markets are pricing about 60 basis points — 0.60 percentage point — of Federal Reserve easing in 2026.

Economic signals stayed mixed. Data showed U.S. factory activity contracted further in December, while Minneapolis Fed President Neel Kashkari said monetary policy was near neutral and would depend on incoming data.

Other major tokens moved with bitcoin. Ether rose about 3.2% to $3,237 and XRP climbed about 11.5% to $2.33.

In after-hours trading, Coinbase was up about 7.8% at $254.92 and Strategy rose about 4.8% to $164.72. Bitcoin miners Marathon and Riot were up about 7.0% and 4.4%, while the iShares Bitcoin Trust ETF — a spot fund that tracks the token’s price — gained about 4.9%.

“Ousting Maduro is not a direct bullish catalyst” for bitcoin, Dean Chen, an analyst at crypto derivatives exchange Bitunix, told Investopedia. He said the episode still underlined crypto’s utility when sanctions and capital controls restrict moving money across borders. Investopedia

Coinbase also drew support after Goldman Sachs upgraded the stock to Buy and lifted its price target to $303, citing faster-growing infrastructure-style businesses such as custody and other services, Investing.com reported.

But bitcoin remains prone to sharp reversals if bond yields rise or the Fed’s path shifts, and the Venezuela crisis adds another layer of geopolitical uncertainty. Crypto-linked stocks often magnify the token’s swings, cutting both ways.

Next up is Friday’s U.S. nonfarm payrolls report — the monthly count of jobs added outside agriculture — due Jan. 9 at 8:30 a.m. ET. Traders will also look ahead to the Fed’s Jan. 27-28 meeting for updated guidance.

Stock Market Today

  • Haemonetics Q1 Earnings Beat Estimates Amid Strong Medical Devices Sector Performance
    May 22, 2026, 10:52 PM EDT. Haemonetics (NYSE:HAE) posted a robust Q1 with revenues of $346.4 million, up 4.8% year on year and exceeding analyst forecasts by 2.6%. The medical devices & supplies specialty sector outperformed expectations, with revenues beating consensus by 5.2% overall. Haemonetics shares rose 10.6% post-earnings to $58.27, reflecting investor confidence. Industry growth drivers include an aging population increasing demand for blood-related medical products and advances in digital health technology, while challenges remain from pricing pressures and regulatory demands. The sector saw steady stock performance, up 3.6% on average following earnings releases. STAAR Surgical also delivered strong results, highlighting sector momentum.

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